BTC at resistance, expecting 20k next, then upside to 28k

9 ביולי 2022

I've been trading in this channel since we bottomed at 17k. I anticipated hitting 23k, but we hit the bearish order block at 22,6k. I closed my long from 18k at 22,4k. I anticipate some downside now all the way between 20k-19k, which is the top of our last bullish order block, this could create a higher low on the 12H. Then I anticipate a move upwards to either retest 25k, or all the way up to our last bearish order block at around 28k.